About Restolabs
Restolabs is a company based in Noida (India) founded in 2012 by Bharti Batra and Bhuvan Sachdeva.. Restolabs has raised $100 thousand across 1 funding round from investors including Upekkha. Restolabs offers products and services including Online Ordering System, Mobile App, and QR Code Ordering System. Restolabs operates in a competitive market with competitors including Toast, Olo, Lunchbox, Zenput and UrbanPiper, among others.
- Headquarter Noida, India
- Founders Bharti Batra, Bhuvan Sachdeva
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Restolabs Private Limited
- Date of Incorporation 11 Sep, 2020
- Jurisdiction Noida, Uttar Pradesh, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2022
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Net Profit
$-399.23 (USD)-230as on Mar 31, 2022
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EBITDA
$-278.25 (USD)0as on Mar 31, 2022
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Total Equity Funding
$100 K (USD)
in 1 rounds
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Latest Funding Round
$100 K (USD), Seed
Jun 01, 2020
- Investors
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Employee Count
Employee Count
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Products & Services of Restolabs
Restolabs offers a comprehensive portfolio of products and services, including Online Ordering System, Mobile App, and QR Code Ordering System. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for restaurants to manage direct customer orders
App for customers to place food orders remotely
Tool for scanning codes to facilitate quick orders
Funding Insights of Restolabs
Restolabs has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Seed round of $100 thousand completed in June 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $99,999
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First Round
First Round
(01 Jun 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2020 | Amount | Seed - Restolabs | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Restolabs
Restolabs has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Upekkha. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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AI startup acceleration and networking services are offered globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Restolabs
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Restolabs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Restolabs Comparisons
Competitors of Restolabs
Restolabs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Toast, Olo, Lunchbox, Zenput and UrbanPiper, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Restaurant operations are managed via a cloud-based platform.
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| domain | founded_year | HQ Location |
Olo is recognized as a restaurant technology platform provider.
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| domain | founded_year | HQ Location |
Online ordering solutions are provided for restaurants.
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| domain | founded_year | HQ Location |
Zenput is utilized as an operations execution platform for multi-unit operators.
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| domain | founded_year | HQ Location |
Delivery channels management software is provided for restaurants.
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| domain | founded_year | HQ Location |
SaaS solutions for restaurant online ordering and analytics are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Restolabs
Frequently Asked Questions about Restolabs
When was Restolabs founded?
Restolabs was founded in 2012 and raised its 1st funding round 8 years after it was founded.
Where is Restolabs located?
Restolabs is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Is Restolabs a funded company?
Restolabs is a funded company, having raised a total of $100K across 1 funding round to date. The company's 1st funding round was a Seed of $100K, raised on Jun 01, 2020.
What does Restolabs do?
Restolabs was founded in 2012 in Noida, India, as a SaaS provider in the food technology sector. Online ordering systems are offered to restaurants, including web interfaces, custom mobile apps, and Facebook integration for customer orders. Menu customization, deals, digital coupons, payment gateways, and email notifications are supported. Staff management and order tracking features are included, with basic, premium, and enterprise plans available.
Who are the top competitors of Restolabs?
Restolabs's top competitors include Toast, UrbanPiper and SpotOn.
What products or services does Restolabs offer?
Restolabs offers Online Ordering System, Mobile App, and QR Code Ordering System.
Who are Restolabs's investors?
Restolabs has 1 investor. Key investors include Upekkha.